APP vs. QNT: AppLovin vs. Quantinuum Stock Comparison

Company Profile

AppLovin (APP) and Quantinuum (QNT) both fall under the Software & Services industry group, but APP is classified in Software while QNT is classified in IT Services.

AppLovin (APP) has traded publicly since April 15, 2021, giving it several years of listed trading history, while Quantinuum (QNT) only listed on June 4, 2026 and has a limited public-market record.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Quantinuum (QNT) reports a negative beta of -2.69, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. AppLovin (APP) has a non-negative beta of 2.25.

Risk-Adjusted Performance

Risk-Return Positioning

Both APP and QNT need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: AppLovin (APP) earns 210.09% on shareholders’ equity, ranked against its industry; Quantinuum (QNT) has no ROE this period.

AppLovin (APP) at 65.89% converts revenue to bottom-line profit above its industry’s benchmark range, while Quantinuum (QNT) at 0.00% keeps roughly the typical share for its industry.

Quantinuum (QNT) reports a negative operating margin of -6,939.56%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile AppLovin (APP) reports 78.22%, ranking against industry peers normally.

Profitability Metrics

Growth

Both companies are growing quickly, but AppLovin (APP) at 69.99% is the standout with revenue growth above its industry range; Quantinuum (QNT) at 34.61% also sits in the top quartile.

Only one side can be read here: AppLovin (APP) reports EPS growth of 115.23%, ranked against its industry; Quantinuum (QNT) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Both AppLovin (APP) at 3.81 and Quantinuum (QNT) at 15.49 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

Quantinuum (QNT) at 0.01 keeps leverage in the lower industry quartile, while AppLovin (APP) at 1.07 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Neither AppLovin (APP) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Neither AppLovin (APP) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: AppLovin (APP) trades at 26.34 times trailing earnings, ranked against its peers, while Quantinuum (QNT) has no P/E ratio this period.

Both look expensive on sales: AppLovin (APP) at 17.04 sits in the upper P/S ratio quartile, and Quantinuum (QNT) at 441.11 prices even higher, above its industry range.

Measured against book value, both AppLovin (APP) at 39.29 and Quantinuum (QNT) at 64.89 look expensive — each P/B ratio sits above its industry’s benchmark range.

Valuation Metrics